SEOUL (Reuters) – South Korean auto parts maker Myongshin, which bought a shuttered General Motors’ factory, has agreed to supply more than 50,000 electric vehicles a year to Chinese venture Future Mobility Corp (FMC).
A supplier to Tesla Inc, Myongshin signed a deal on Wednesday to manufacture the electric vehicles for FMC’s Byton brand beginning in 2021, the government of Jeonbuk province said in a statement.
Reporting by Heekyong Yang and Hyunjoo Jin; editing by Ju-min Park
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